Property types
Net Lease appraisals in Connecticut
Appraisals of single-tenant net-leased property, including discount stores such as Dollar General, pharmacies, post offices, auto parts stores, banks and quick-service restaurants.
What drives net-leased value
Tenant and lease
Tenant credit, remaining term, rent increases, renewal options and who pays for the roof and structure.
Lease versus market rent
When contract rent is above or below market, we account for the difference in the value.
Dark value
What the property would be worth if the tenant left, which matters most late in the lease.
Investor demand
Net-leased property trades in a regional and national investor market, so we look beyond local sales when that is appropriate.
Where we do this work
The towns where we have appraised the most net-leased property:
Share of our work in each county that is net-leased property
What to send us
- Lease and all amendments
- Any estoppel or guaranty
- Site plan and building size
- Property tax and expense details
Net Lease appraisals: common questions
Do you appraise Dollar General and other dollar stores?
Yes. Dollar stores, pharmacies and post offices are a regular part of our net lease work.
What is leased fee versus fee simple?
Leased fee is the value subject to the existing lease. Fee simple is the value as if vacant and available at market rent. Lenders and buyers often need both.
Who does the appraisal?
A partner of Baldi Valuation inspects every property and signs every report. The firm is led by Michael Baldi, MAI, AI-GRS.
Need a commercial appraisal?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.